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Cryptocurrency News Articles

Solana's Meme Coin Market Cap Reaches $12.2B, WIF, POPCAT, BONK Lead the Surge

Oct 30, 2024 at 02:00 am

The Solana blockchain's meme coin market has reached a $12.2 billion market cap, a 7.3% increase in the past 24 hours, according to Coinmarketcap.

Solana's Meme Coin Market Cap Reaches $12.2B, WIF, POPCAT, BONK Lead the Surge

Solana's meme coin market has achieved a record-high market cap of over $12 billion, showcasing a surge in interest and demand for these meme tokens.

According to Coinmarketcap, Solana's meme coin sector has experienced a 7.3% increase in market capitalization over the past 24 hours. This surge is largely driven by the impressive performance of several meme tokens, which have attracted traders' attention.

The top meme coins on Solana, ranked by market cap, are currently $WIF, $POPCAT, $BONK, $MEW, and $GOAT. These tokens have collectively achieved remarkable market caps, ranging from billions to hundreds of millions of dollars.

Notably, the top meme coin, dogwifhat ($WIF), is priced at $2.65 and has risen by 9.5% in the past 24 hours. With a market cap of $2.6 billion, WIF is attracting attention in the market. The token's 24-hour trading volume reached $978 million, showing strong investor activity.

Moreover, the second-place meme coin, POPCAT, has a market cap of $1.7 billion and is trading at $1.74, up by 14% in the past 24 hours. The token has also gained 28.7% over the week, with a trading volume of $244 million.

Another popular Solana meme token, BONK, holds a market cap of $1.5 billion and is trading at $0.00002177, reflecting a 0.4% decrease in the past hour. Despite minor fluctuations, BONK remains a major player in the Solana meme ecosystem and is seeing high trading activity, with a daily trading volume reaching $265 million.

Furthermore, cat in a dogs world (MEW) ranks fourth among Solana meme tokens, with a market cap of $897 million and a price of $0.0101. The token recorded a 3.9% rise in the past 24 hours, continuing its upward trend. Its trading volume of $306 million reflects substantial interest in the token.

Another meme token with strong growth is Goatseus Maximus (GOAT), which trades at $0.66 and has risen by 5.4% in the past 24 hours. GOAT holds a market cap of $668 million, with a weekly gain of 65%, showing strong momentum. The token's 24-hour trading volume reached $302 million.

Overall, the top meme tokens on Solana continue to attract high trading volumes and high interest from traders, with some tokens experiencing significant price movements and large market caps. Solana's meme coin sector is expanding rapidly, with new tokens emerging and gaining popularity

News source:coinedition.com

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